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OCTOBER KEY FIGURES

	Trend estimates		Seasonally adjusted estimates
	Oct 2011	Sep 2011 to Oct 2011	Oct 2011	Sep 2011 to Oct 2011
Value of dwelling commitments(a)(b)	$m	% change	$m	% change
Total dwellings	20 812	0.0	20 458	-2.5
Owner occupied housing	14 514	0.0	14 377	-1.2
Investment housing - fixed loans(c)	6 298	0.0	6 081	-5.5
Number of dwelling commitments(a)(b)	no.	% change	no.	% change
Owner occupied housing	51 831	0.7	51 981	0.7
Construction of dwellings	4 706	-0.5	4 646	-1.7
Purchase of new dwellings	2 219	0.4	2 210	0.1
Purchase of established dwellings	44 906	0.9	45 125	0.9
(a) Includes refinancing (see Glossary).
(b) Excludes alterations and additions.
(c) Excludes revolving credit.

Value of dwelling commitments, Total dwellings

No. of dwelling commitments, Owner occupied housing

• The trend estimate for the total value of dwelling finance commitments excluding alterations and additions was flat (0.0%). Owner occupied housing commitments and investment housing commitments were both flat (0.0%).
• In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 2.5%.

• In trend terms, the number of commitments for owner occupied housing finance rose 0.7%.
• In trend terms, the number of commitments for the purchase of established dwellings rose 0.9% and the number of commitments for the purchase of new dwellings rose 0.4%, while the number of commitments for the construction of dwellings fell 0.5%.
• In seasonally adjusted terms, the number of commitments for owner occupied housing finance rose 0.7%.
• In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 17.9% in October 2011 from 16.4% in September 2011.

• Owner occupied housing for the periods July 2011 and August 2011.